Current location - Loan Platform Complete Network - Foreign exchange account opening - What does foreign exchange not include?
What does foreign exchange not include?
Hello!

The International Monetary Fund defines foreign exchange as bonds that can be used by monetary authorities (central bank, monetary management institutions, foreign exchange stabilization fund and Ministry of Finance) in the form of bank deposits, treasury bonds, long-term and short-term government securities, etc.

So by definition, gold does not belong to the foreign exchange classification.

I hope it helps you!